Barely five years after the worst financial turmoil and recession since the Great Depression, the U.S. and fellow advanced nations are showing a stability in output growth and hiring last witnessed in the two decades prior to the crisis, in an era …
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Adding to the challenge, the global economic climate has turned far more adverse since the financial crisis of 2008, which JPMorgan's Mr Aziz says has long-term implications for India that policy makers have not fully recognised. Annual growth in …
WASHINGTON — New orders for U.S. durable goods rose for a third consecutive month in April, official data released Tuesday showed, pointing to momentum in the manufacturing sector. Durable goods orders rose 0.8% in April, the Commerce Department …
JEDDAH – MENA confidence in the global and local economies is at a two-year high, with 61 percent saying the global economy is improving, up from 32 percent six months ago and 74 percent seeing improvement in the local economies, the highest number …
The Size of the Derivatives Bubble Hanging Over the Global Economy Hits a Record High. By Michael Snyder. Global Research, May 27, 2014. Washington's Blog. Region: USA. Theme: Global Economy. Bubble-Photo-by-Brocken-Inaglory-300×300.
But its weavers, like many others in the country's 6.5-million-person handloom industry, are struggling in a globalized economy that relies on cheap, machine-made cloth. As expenses outstrip their modest incomes and crushing debt pushes many weavers …
While this is good news for the Federal Reserve and the U.S. economy in general, it could also pose some risks to the rest of the world. As the world's largest economy improves, it will become less of a factor behind global growth. Consumer spending is …
The UN World Economic Situation and Prospects (WESP) report showed that the world economy is poised to strengthen, although moderately, over the next two years. The report said world gross product (WGP) is expected to grow at 2.8% in 2014 and 3.2% …